We’ve been asked many times how much energy you can save by switching to a tankless water heater. It’s a fair question, since a tankless water heater is an investment, and customers are looking to make sure it’s worth their while. So we’re happy to explain what we can about tankless water heaters and their energy savings.
First of all, yes, there is significant savings in switching to a tankless water heater as opposed to a traditional storage tank water heater. How much savings, however, depends on various factors, including the size of the home, hot water usage patterns, and the water heater’s efficiency rating.
In most cases, a tankless water heater can typically save as much as 24% to 34% in energy savings. Tankless water heaters heat the water on demand, as opposed to keeping a large storage tank of water hot. This results in less energy consumption and more savings.
Tankless water heaters offer the additional benefit of a longer lifespan than traditional water heaters, which ultimately means that you’ll save money on replacement costs in the long run.
That said, it’s important to know that switching to a tankless water heater does require some up front costs, such as the cost of the unit and the cost of installation. The best time to switch to a tankless water heater is when your current water heater needs replacing, and you are going to make the investment anyway. You’ll enjoy considerable energy costs and utility bills over time, and it’s well worth the investment.
Interested in Switching To A Tankless Water Heater?
If you live in the South Jersey region and are interested in finding out how much energy you can save by switching to a tankless water heater, reach out to Maffet Plumbing! We’ll be happy to explain the benefits of a tankless water heater, and when you’re ready, we can fully and properly install a new tankless water heater in your home.
Get started saving on energy bills…call us today!
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